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The China–Pakistan Free Trade Agreement (CPFTA) is a free trade agreement (FTA) between the People's Republic of China and the Islamic Republic of Pakistan that seeks to increase trade and strengthen the partnership between the two countries.
In August 2007, Pakistan started exporting cement to India to fill in the shortage there caused by the building boom. [8] Russia is a growing market for Pakistani exporters. In 2009/2010 the export target of Pakistan was US$20 billion. [9] As of April 2015, Pakistan's exports stand at US$29 billion.
The FPCCI Head Office in Clifton, Karachi. Since its inception in 1950, Federation of Pakistan Chambers of Commerce & Industry [2] [3] (FPCCI) has advocated and voiced the collective opinion, concern and aspiration of the private sector and offered helpful advice and solid assistance to the Government in its efforts to promote exports, encourage foreign investment and stimulate economic ...
China has become the world's second largest economy by GDP (Nominal) and largest by GDP (PPP). 'China developed a network of economic relations with both industrial economies and those constituting the semi-periphery and periphery of the world system.' [1] Due to the rapid growth of China's economy, the nation has developed many trading partners throughout the world.
2003 – Pakistan and China signed a $110 million contract for the construction of a housing project on Multan Road in Lahore. [106] 2006 – China and Pakistan sign a free trade agreement. 2007 – The Sino-Pakistani joint-ventured multirole fighter aircraft – the JF-17 Thunder (FC-1 Fierce Dragon) is formally rolled out.
The Trade Development Authority of Pakistan (TDAP) (Urdu: مقتدرہ ترقی تجارت پاکستان), is an organisation under the Ministry of Commerce and Textile Industry of the Government of Pakistan. It facilitates and promotes international trade of Pakistan. The current Chief Executive of TDAP is Mr. Muhammad Zubair Motiwala. [1] [2]
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Pakistan manufactures and sells weapons to over 40 countries, including European customers, generating $620 million annually. The country's sophisticated arms imports increased by 119 percent between 2004–2008 and 2009–13, with China providing 54 percent and the USA 27 percent of Pakistan's imports.